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Author Question: You take out an installment loan to purchase a time-share costing 18,000. You make a down payment of ... (Read 104 times)

fnuegbu

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You take out an installment loan to purchase a time-share costing 18,000. You make a down payment of 2,700 and finance the balance by making monthly payments of 762 for 24 months. Use Table 13-1 from your text to find the APR.
 A) 17.50
  B) 17.75
  C) 18.00
  D) 18.25

Question 2

Underline the key word(s) and translate into an expression: R times S times 192



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shaquita

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Answer to Question 1

B

Answer to Question 2

R times S times 192
192RS





 

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